Pro XRP lawyers say the Ripple lawsuit is “not over yet”

The legal battle between Ripple and the Securities and Exchange Commission (SEC) has been one of the longest and most talked about cryptocurrency cases in recent years. In April 2024, Ripple CEO Brad Garlinghouse said the SEC agreed to remove the case, just like any other crypto company.

However, unlike other cases, the SEC has not officially confirmed that it has ended its Ripple lawsuit. Still, many people in the XRP community have already congratulated them and believe the incident is over.

However, the pro-XRP lawyer warned that he was not finished yet. He explained that some legal action still needs to occur in court before it really takes place.

Ripple’s Chief Legal Officer Stuart Aldeloty recently asked why the SEC filed the lawsuit in the first place. He said the SEC has dropped all US crypto cases, including the allegations against Ripple.

Aldeoty explained that the SEC initially admitted it could not take legal action without clearly explaining the rules regarding Crypto. The SEC case was not postponed because the US had no clear code laws.

Now, Ripple wants to move forward. It focuses on business, works with Congress to help you create fair rules for crypto. Their goal is to protect consumers, protect bad actors and support industry innovation.

In other news, Ripple has announced that it will suspend publishing regular quarterly reports on XRP. The company said it took this decision as the SEC used Ripple’s transparency efforts during Ripple’s legal battle.

In its first quarter 2025 market report, Ripple explained that it has launched a report to share information that has been made public about its XRP holdings and that other crypto companies have not provided. However, Ripple says that these efforts currently do not work as planned and were actually opposed by former SEC leaders.